Boslil Bank Limited - Risk Supervisor (Apply Now!!)
Boslil Bank Limited is looking to fill the role of Risk Supervisor
The Risk Supervisor will monitor and report on the effectiveness of controls in the management of the organizations risk exposure whilst implementing controls to protect the organization from risks. The holder will also resolve compliance issues and advise the business on rules and controls.
Establish and monitor the risk management framework for Boslil Bank Limited and its subsidiaries.
Conduct risk assessments to understand risk level, significance, and scope
Monitor risk exposure limits in line with the company's risk appetite and regulatory stipulations.
Assist in identifying, quantifying, monitoring, and mitigating market (interest rate, currency and equity price) and credit risk across all asset classes.
Assess the liquidity and funds under management in relation to internal liquidity risk management policies and procedures as well as stipulated regulatory standards.
Conduct research on economic, regulatory and industry specific risks within the domestic and inter- national business environment and reporting such findings to management.
Assess the financial risk embedded in new products or initiatives being developed by the company.
Assess counterparty exposure and enhance existing framework to analyse the financial viability and credit worthiness of counterparties
Develop and maintain procedures and practices for the risk management activities of the organization.
Oversee the process of designing/adapting and monitoring the risk management policies, standards, and techniques of the organization.
Evaluate the efficiency of all internal controls surrounding the risk function and recommend improvement of those controls as it necessary.
Draft, modify and implement company policies throughout the group.
Keep abreast of regulatory developments within or outside of the organization as well as evolving best practices in risk control.
Ensure that all employees are thoroughly updated about the organization's risk policies, regulations, and processes.
Provide timely and accurate risk reports to senior management and other internal or external stakeholders as per the reporting schedule.
A First Degree in Finance, Banking, Accounting, Economics, Business Administration, or similar fields.
Additional professional qualification will be an advantage
Financial Risk Manager/Certified Risk Manager.
Preferably a minimum of 3-5 years of relevant professional experience in Banking, Risk Management, or comparable professional practice.
A strong knowledge of capital market operations and instruments and financial legal and regulatory framework.
The idea candidate would need to demonstrate the following competencies:
Strong time management skills
Able to meet strict deadlines
Strong interpersonal skills
Strong written and verbal communication skills
Computer literate and familiar with Microsoft
Office Suite - Especially Microsoft Excel
Ability to use the Bloomberg platform would be an advantage.
Submit your resume and cover letter to email@example.com
Deadline: 20 May 2022